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Prudence Foundation, ChildFund Sign MOU to Improve Laos’ Financial Literacy

Prudence Foundation, the community investment arm of Prudential plc in Asia and Africa with ChildFund in Laos on Wednesday signed a Memorandum of Understanding (MoU) with The National Commission for Advancement of Women, Mother, and Children (NCAWMC).

Shopee Reveals How Influencer Communities Build Trust

30% of Malaysian Buyers Reaffirm Purchase Decisions Through Relatable Influencers

KUALA LUMPUR, MALAYSIA – Media OutReach – 28 October 2022 – Shopee, Malaysia’s leading e-commerce platform, studied the impact of Malaysian influencers on informing Malaysians’ purchase decisions online. Shopee’s marketplace study* examined the motivational structures of 2,459 buyers, consisting of Gen-Z (40%), Millennials (36%), Generation X (17%) and Baby Boomers (7%), in following influencers.

Caption

Five in ten of Malaysians relate most to micro-nano influencers with follower count under 500,000[1]. The surveyed buyers find these influencers relatable because they occupy a niche in posting word-of-mouth recommendations to well-acquainted circles of interest. The degree to which Malaysians follow influencers in other tiers are spread: 25% like Mega influencers (over 1 million) and 22% prefer macro influencers (with 500,000 to less than a million followers). With the rise of influencers in Malaysia, 3 in 10 buyers want influencers to bond with them on a personal level so they can continue to stand out from their peers.

A third (30%) concede that they follow influencers to reaffirm their shopping choices before they purchase a product. 22% habitually follow influencers to stay on trend or to educate themselves, 21% find them relatable, 20% want to discover new things, and only 7% choose to follow them for their popularity. Across generations, Malaysians online want access to information that helps them shop smarter.

The most popular type of influencer content, according to a third (33%) of Malaysian buyers, are reviews, vlogs and unboxing videos. Unboxing has become a popular trend across e-commerce, particularly for Shopee livestream influencers, where they have the advantage of showcasing the full potential of products and demonstrating their effectiveness in action to their strong community of followers. It has become the most trusted way for them to share personal advice, get two-way feedback, and answer questions about the product directly with compelling proof.

Remaining buyers surveyed find inspiration in the following types of content: 20% watch DIY hacks, tips, and tricks, 19% feel rewarded by giveaways, special offers or contests, 15% discover new products or feature launch announcements, and 12% prefer interactive videos, livestreams and polls. Shopee brings communities together through content that entertains and for influencers to forge meaningful connections in real-time channels like Shopee Live.

“With many new sellers on the marketplace since the pandemic, buyers understandably are faced with more to choose from and more unknowns. Our influencers are a trusted community: Malaysian shoppers on our marketplace know the source, perceive them as fellow peers, and look to them to determine if they’re getting the best prices and whether they can trust user recommendations,” said Kenneth Soh, Head of Marketing Campaigns at Shopee Malaysia.

When Shopee asked 1,035 sellers what type of content they thought influencers should post on social media to help Malaysians shop smarter, 48% of sellers preferred influencers to post relevant and genuine reels and videos of their product. 24% wanted their products featured organically in engaging content, 15% wanted to see their products on influencer selfies, and 15% wanted influencers to give away their products in live interactions.

“We strongly believe that our community of influencers will help our sellers achieve sustainable growth because we see more Malaysians trusting them to inform their shopping decisions. Shopee Affiliate Programme, Shopee Influencer Marketing Programme, and Shopee Live are examples of how sellers can leverage trusted communities to cultivate more meaningful and loyal relationships online,” Soh added.

This study kicks off Shopee Malaysia’s November edition of e-commerce insights on how Malaysian influencers resonate with local audiences and how sellers can engage them to cultivate loyalty online. Further insights will be revealed on 2 November 2022. Shopee will level up these individuals by bringing the community closer through its Shopee Influencers Fest Countdown Party on 10 November 2022.

Survey Methodology*

  • The 2022 “The Future of E-Commerce with Malaysian Influencers” survey was conducted by Shopee Marketplace, between 28 September and 21 October 2022. Voluntary feedback was obtained from 2,459 Malaysian buyers and 1,035 Malaysian sellers on the platform.


[1] Tiering of influencers is based on general consensus from Meltwater and not exclusively to Shopee

Hashtag: #Shopee

About Shopee

Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee promotes an inclusive and sustainable digital ecosystem by enabling businesses to digitalise and grow their online presence, helping more people access and benefit from digital services, and uplifting local communities.

Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping homegrown brands and entrepreneurs succeed in e-commerce.

Shopee is part of Sea Limited (NYSE: SE), a leading global consumer internet company. Sea’s mission is to better the lives of consumers and small businesses with technology through its three core businesses: Shopee, Garena and SeaMoney.

New fully automated Vetter warehouse expands storage and boosts logistical infrastructure

Additional investments across the company support customer supply needs

  • Building reinforces the company’s sustainable growth strategy
  • New logistic infrastructure extends storage capacity of packaging materials
  • Further investments are planned across the company

RAVENSBURG, GERMANY – Media OutReach – 28 October 2022 – Vetter, a globally leading contract development and manufacturing organization (CDMO), announced the commissioning of a new warehouse designed to help meet increasing customer market supply demands. With a total investment of approx. 20 million euros, the new fully automated building provides storage space for materials with high-stock turnover rates such as packaging components and thus optimizing the company’s logistical infrastructure. In addition, valuable capacity will be freed up in the existing warehouse.

© Vetter Pharma International GmbH: New fully automated Vetter warehouse for packaging materials.

© Vetter Pharma International GmbH: New fully automated Vetter warehouse for packaging materials.

Construction of the warehouse began in April 2021 and was designed to further address the company’s strategic expansion plans. “We have already taken a process-related expansion concept into account during our planning process. The warehouse operation will initially start with a two-shift operation which can be extended to three shifts per day,” explains Peter Mayer, Senior Vice President Customer Project Management, Procurement and Logistics. The new storage facility includes 7,700 sq. meters of logistics space consisting of 1,200 sq. meters for incoming and outgoing goods and 6,500 sq. meters of room temperature storage with the capacity for more than 16,000 pallets and a shelf height of 14 meters. The state-of-the-art high-bay warehouse is equipped with automated forklifts and six positions for trucks on a receiving area ramp connected to the transfer area. Four driverless shuttles connect the transfer area with the building’s shelves while four driverless forklifts operate between them.

“The additional warehouse is a further testament of our commitment to support our customer’s supply chain needs,” states Managing Director Peter Soelkner. “We have also planned for more investment projects that will help us to continue the momentum of sustainable growth of our company.” The numerous investments at all Vetter sites include the recently completed extension of the development service laboratories as well as a new multipurpose building at the Ravensburg South production site that houses laboratories for quality control, thawing rooms, offices and a new attractive employee canteen. The completion of another production building for aseptic manufacturing, at the CDMO’s Schuetzenstrasse site, is planned for the end of 2026, with several new cleanrooms to be realized in the subsequent years. In addition, the implementation of further automated visual inspection machines is planned. Managing Director Thomas Otto summarizes: “Despite the multi-faceted challenges we currently face, such as pandemic as well as political and economic circumstances, we will continue to invest over the next years to expand our capacities in the areas of development services, aseptic filling, visual inspection and packaging to meet the increasing market demand. The planned expansions will go hand in hand with the optimization of the infrastructure across all our sites.”

Find the Vetter press kit and more background information here.

Hashtag: #Vetter

About Vetter

Headquartered in Ravensburg, Germany, Vetter is a family-owned, global leading contract development and manufacturing organization (CDMO) with production facilities in Germany, Austria and the United States. Currently employing more than , the company has long-term experience in supporting biotechnology and pharmaceutical customers both large and small. Vetter range from early stage development support including , to and numerous for vials, syringes and cartridges. As a leading solution provider, Vetter appreciates its responsibility to support the needs of its customers by developing devices that contribute to increased patient safety, convenience, and enhanced compliance. Great importance is also given to including environmental protection and sustainability. Learn more about Vetter at .

New Plug to Record iPhone and Android Wireless Microphone in Indonesia: Hollyland’s Lark C1

Can record while charging, and playback without unplugging from phone

SHENZHEN, CHINA – Media OutReach – 28 October 2022 Hollyland Technology is pleased to announce the Lark C1, an ultra-compact, feature-packed wireless microphone system that can be plugged into mobile phones and offers a range of up to 650ft (200m). The Lark C1 lets you simply plug the receiver into the phone to record audio, and playback without unplugging. You can record audio without interruption, because the transmitter (TX) and receiver (RX) are usable while charging, and the receiver can be connected to a power source to charge your phone during operation. This product is available in an iOS version with Lightning connector on the receiver (with one or two transmitters) and an Android version with USB-C connector on the receiver (with two transmitters).

Android wireless microphone, iPhone wireless microphone

The transmitters can be clipped onto clothing like a wireless lavalier microphone, for professional vocal recording. The system’s 48 kHz/16 bit sound capture gives incredibly rich details from all directions, delivering Hi-Fi sound quality from 20 Hz right up to 20 kHz. In the iOS version, the MFi-certified Lightning interface ensures uncompromising sound quality and reliability. The advanced audio processing algorithms and Active Noise Cancellation let the Lark C1 deliver crystal-clear digital audio with background noise removed. The product is available in either black or white.

As well as mobile phones, the Lark C1’s Android version can add wireless microphone capability to some other products, such as the DJI Action 3 and Action 2, making it a perfect vlogging microphone.

Ultra-long recording duration, usable while charging

With two transmitter units in use, the Lark C1 Duo features an ultra-long duration of 32 hours from a fully-charged charging case, with each transmitter operating for 8 hours each time for a full day of uninterrupted audio recording. The entire system is usable while charging, including the smartphone.

Advanced in-app controls

Hollyland’s LarkSound app offers advanced controls and features to enhance your recording experience. The mic status is clear at a glance. You can view the transmitter battery level, adjust the noise cancellation level, or control volume and real-time playback through the phone and Bluetooth devices.

For more information and full compatibility details of Android version, please visit: https://bit.ly/HLlarkC1

For influencer collaboration or review samples, please contact: marketing@hollyland-tech.com

Product video: https://youtu.be/AcbZ5rr6i84

MSRP and availability

MSRP: 2,699,000 IDR
Where to buy: hhttps://bit.ly/3sm8V2f

Hashtag: #Hollyland

ABOUT HOLLYLAND TECHNOLOGY

Shenzhen Hollyland Technology Co., Ltd. (‘Hollyland’ or ‘Hollyland Technology’) empowers global customers with professional solutions that are expressly designed for wireless data, audio and video transmission, and wireless intercom solutions – since 2013.

Rapidly becoming the most competitive global wireless device and solution provider, all Hollyland’s technological advancements, innovations, and services are dedicated to better facilitating collaboration in any professional setting where real-time audio and video transmission or communication are required.

Hollyland serves many markets, including film-making, television shooting, video production, broadcast, live streaming, live events, exhibitions, broadcast media, production, general events, theatres, houses of worship, rental houses, and so on. Their products have consistently met production and communication requirements of varying sizes and complexity. For more information, visit , , and .

New Plug to Record iPhone and Android Wireless Microphone in Thailand: Hollyland’s Lark C1

Can record while charging, and playback without unplugging from phone

SHENZHEN, CHINA – Media OutReach – 28 October 2022 Hollyland Technology is pleased to announce the Lark C1, an ultra-compact, feature-packed wireless microphone system that can be plugged into mobile phones and offers a range of up to 650ft (200m). The Lark C1 lets you simply plug the receiver into the phone to record audio, and playback without unplugging. You can record audio without interruption, because the transmitter (TX) and receiver (RX) are usable while charging, and the receiver can be connected to a power source to charge your phone during operation. This product is available in an iOS version with Lightning connector on the receiver (with one or two transmitters) and an Android version with USB-C connector on the receiver (with two transmitters).

Android wireless microphone, iPhone wireless microphone

The transmitters can be clipped onto clothing like a wireless lavalier microphone, for professional vocal recording. The system’s 48 kHz/16 bit sound capture gives incredibly rich details from all directions, delivering Hi-Fi sound quality from 20 Hz right up to 20 kHz. In the iOS version, the MFi-certified Lightning interface ensures uncompromising sound quality and reliability. The advanced audio processing algorithms and Active Noise Cancellation let the Lark C1 deliver crystal-clear digital audio with background noise removed. The product is available in either black or white.

As well as mobile phones, the Lark C1’s Android version can add wireless microphone capability to some other products, such as the DJI Action 3 and Action 2, making it a perfect vlogging microphone.

Ultra-long recording duration, usable while charging

With two transmitter units in use, the Lark C1 Duo features an ultra-long duration of 32 hours from a fully-charged charging case, with each transmitter operating for 8 hours each time for a full day of uninterrupted audio recording. The entire system is usable while charging, including the smartphone.

Advanced in-app controls

Hollyland’s LarkSound app offers advanced controls and features to enhance your recording experience. The mic status is clear at a glance. You can view the transmitter battery level, adjust the noise cancellation level, or control volume and real-time playback through the phone and Bluetooth devices.

For more information and full compatibility details of Android version, please visit: https://bit.ly/HLlarkC1

For influencer collaboration or review samples, please contact: marketing@hollyland-tech.com

Product video: https://youtu.be/AcbZ5rr6i84

MSRP and availability

MSRP: USD$179
Where to buy: https://bit.ly/3yVpp5i

Hashtag: #Hollyland

ABOUT HOLLYLAND TECHNOLOGY

Shenzhen Hollyland Technology Co., Ltd. (‘Hollyland’ or ‘Hollyland Technology’) empowers global customers with professional solutions that are expressly designed for wireless data, audio and video transmission, and wireless intercom solutions – since 2013.

Rapidly becoming the most competitive global wireless device and solution provider, all Hollyland’s technological advancements, innovations, and services are dedicated to better facilitating collaboration in any professional setting where real-time audio and video transmission or communication are required.

Hollyland serves many markets, including film-making, television shooting, video production, broadcast, live streaming, live events, exhibitions, broadcast media, production, general events, theatres, houses of worship, rental houses, and so on. Their products have consistently met production and communication requirements of varying sizes and complexity. For more information, visit , , and .

Integrated voice collaboration, best-in-class compliant communication and the power of connectivity showcased at Symphony’s Innovate New York 2022

New York, US – News Direct – 27 October 2022 –

  • The Symphony platform has seen a 500%+ increase in traffic across its compliance-enabled messaging offering for WhatsApp, WeChat and SMS
  • T. Rowe Price announced 200,000 new connections with JP Morgan counterparts on Symphony
  • Over 250 financial professionals attended the event in person


Symphony – the leading markets’ technology and infrastructure platform – showcased the power of instant voice and real time connectivity while highlighting a compliant communications offering that is solving critical financial markets challenges, in the company’s flagship conference Symphony Innovate 2022, held last week in New York City.

Brad Levy, Innovate New York 2022

Brad Levy, Innovate New York 2022

The full realization of the vision behind Symphony’s acquisition of Cloud9 Technologies last year was presented at Innovate, as attendees learned about Symphony’s applied voice strategy, which creates seamless connectivity and efficiency by connecting trader voice workflows to messaging workflows. Video.

CEO Brad Levy talked about the state of the market and how Symphony is helping customers navigate the volatility, velocity and risk of the cycle. “Symphony is evolving to protect and enhance how our users communicate. Innovations such as instant voice are driving the market towards a future where information can be shared with ease without worry to those who need it most”, he said. Levy also shared significant growth in the Symphony network and platform, with a 60% increase in external messaging, 150% increase in buyside to sellside connections and an over 500% increase in traffic across Symphony’s compliant messaging offering for WhatsApp, WeChat and SMS. Video.

Compliance and frictionless connectivity

Putting in place robust regulatory and compliance practices is more critical than ever, with many banks in the United States recently being fined millions of dollars as a consequence of non-compliant communications. Regulatory and industry leaders joined the Symphony team to discuss how these challenges are being addressed.

Among the experts on stage, were Commissioner Kristin Johnson from the Commodity Futures Trading Commission (CFTC), Dean Elwood from Umony, Paul Kelly from Blackstone Credit, Olga Chin from InterPrice Technologies, Keith Gaub from Bristol-Myers Squibb, James Gutow from Barclays, Jonathan Slavin from UBS, Wendy Askew from ETD, Matthew Cheung from ipushpull, Paul Dyson from Singletrack, Leslie Spiro from Glue42, Alejandra Villagra from JP Morgan, and John Courtney from Maverick Capital. CFTC Commissioner Johnson encouraged an active dialogue between regulators and financial firms and explained how she believed it was key for regulators to model best practices when it comes to technology. Video.

In a demonstration of frictionless connectivity, head of global trading at T. Rowe Price, Marc Wyatt, joined remotely to share that “with the help of the Symphony team, we successfully connected the Global Trading organization at T. Rowe Price with our Global Markets counterparts at JP Morgan. In total, 200,000 new connections were created.” Also introduced at the event was the ETD (formerly known as Euromoney) @TaDa Chatbot – powered by ipushpull technology – which enables Symphony users to query reference data in real time, including corporate actions, exchanges holidays, symbology and historical transaction reporting.

To wrap up the day, Alejandra Villagra, head of digital innovation at JP Morgan and John Courtney, senior equity trader at Maverick Capital, had a discussion moderated by Symphony CRO Gary Godshaw on the importance of connectivity, where voice and data fit in the market, and the future that lies ahead. Video.

Over 250 leaders attended Innovate New York in-person while another 250+ financial professionals from around the world were able to watch live online. To view all Innovate New York 2022 sessions please visit: https://innovate.symphony.com/videos. The next editions of Innovate will take place in London and New York in the spring of 2023.

Hashtag: #Symphony

The issuer is solely responsible for the content of this announcement.

About Symphony

Symphony is the most secure and compliant markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate and innovate financial services workflows. It is a vibrant community of over half a million financial professionals with a trusted directory and serves over 1000 institutions. Symphony is powering over 2,000 community built applications and bots. For more information, visit .

SMA Solar Technology AG: Managing Board raises earnings forecast for current fiscal year

NIESTETAL, GERMANY – EQS Newswire – 27 October 2022 – The Managing Board of SMA Solar Technology AG (SMA/FWB: S92) has raised its earnings forecast for the fiscal year 2022. The new forecast predicts operating earnings before interest, taxes, depreciation and amortization (EBITDA) of €60 million to €75 million (previously: €10 million to €60 million). As reasons for raising the forecast, the Managing Board cites the continued high level of incoming orders and a gradually improving supply of electronic components, which should lead to a business performance in the fourth quarter that exceeds previous expectations. In addition, a special effect in the lower double-digit million euro range from the sale of real estate had a positive impact on the earnings of SMA in the third quarter. For the operating earnings before interest and taxes (EBIT), the Managing Board expects a range of €22 million to €37 million (previously: €–30 million to €20 million). Net cash is expected to amount to around 190 million euros at the end of the year according to the new Managing Board forecast (previously: around €175 million). Sales expectations in the current fiscal year were narrowed by the SMA Managing Board to between €975 million and €1,050 million (previously: €900 million to €1,050 million).

Hashtag: #SMASolarTechnology

The issuer is solely responsible for the content of this announcement.

About SMA

As a leading global specialist in photovoltaic and storage system technology, the SMA Group is setting the standards today for the decentralized and renewable energy supply of tomorrow. SMA’s portfolio contains a wide range of efficient PV and battery inverters, holistic system solutions for PV and battery-storage systems of all power classes, intelligent energy management systems and charging solutions for electric vehicles and power-to-gas applications. Digital energy services as well as extensive services up to and including operation and maintenance services for PV power plants round off SMA’s range. SMA inverters with a total output of around 120 gigawatts have been installed in more than 190 countries worldwide. SMA’s multi-award-winning technology is protected by more than 1,700 patents and utility models. Since 2008, the Group’s parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and is listed in the TecDAX index and SDAX index.

Revenue and Net Profit of Oi Wah rise 7.6% and 17.3% respectively in FP2023  Actively Expand the Branch Network and Integrate with Fintech

Financial Highlights

For the six months ended 31 Aug

HK$’000

2022

2021

Change

Revenue

81,991

76,201

+7.6%

Profit before taxation

52,684

44,807

+17.6%

Profit for the period attributable to shareholders

44,120

37,611

+17.3%

Net interest margin

15.6%

14.8%

+0.8 p.p.

Basic earnings per share (HK cents)

2.3

1.9

+21.1%

HONG KONG SAR – Media OutReach – 27 October 2022 – The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the “Group” or “Oi Wah”) announced its interim results and its financial position. For the six months ended 31 August 2022 (“FP2023”), the Group recorded revenue of approximately HK$82.0 million and profit attributable to shareholders of the Company of approximately HK$44.1 million. During the period, net interest margin improved by 0.8 percentage point to 15.6%.

During the period, earnings per share was HK 2.3 cents. The Board of Directors recommends an interim dividend of HK 0.92 cents.

Business Review

Mortgage loan business

In FP2023, the interest income of the mortgage loan business of the Group increased by 5.8% to approximately HK$45.3 million, which accounted for approximately 55.3% of the Group’s total revenue. As at 31 August 2022, the gross mortgage loan receivable was approximately HK$836.7 million and during the period, the total new mortgage loans granted amounted to approximately HK$375.0 million. The net interest margin of the mortgage loan business increased by 0.8 percentage point to 10.6% and there were 54 new cases of mortgage loan transactions in FP2023.

The Group continued to keep a close eye on the performance of its loan portfolio, especially in respect to the repayment status of existing customers. As a result, there was no bad debt recorded during the period. In FP2023, the loan-to-value ratio for first mortgage was approximately 53.7%, while the overall loan-to-value ratio for subordinate mortgage was approximately 51.7%, of which, loan-to-value ratio of subordinate mortgage that the Group participated in was approximately 5.1%.

Pawn Loan Business

In FP2023, the interest income generated from the pawn loan business increased by 19.7% to approximately HK$34.6 million. It is mainly attributable to the prevailing trend in investing luxury goods, which promoted the relevant re-financing needs. However, due to the price fluctuation of second-hand luxury market, the Group recorded gain from disposal on repossessed assets of approximately HK$2.1 million, representing a decrease of 53.3%. During the period, the Group continued to channel resources to advertising and promotion in order to enhance the brand exposure. Such effort has generated demand of one-to-one pawn loan appointment services for pawn loans of loan size exceeding HK$0.1 million. Number of pawn loan transactions with such amount granted increased by 130 transactions to 357 transactions in FP2023 and average loan amount increased to approximately HK$15,000 per transaction.

In September 2022, the Group successfully acquired approximately HK$8.0 million pawn loan receivables (principal amount) and opened a new pawnshop in Tuen Mun. Together with this new pawnshop, the Group is currently operating a total of 11 pawnshops. In addition, the Group continued to develop its mobile app that enables customers to obtain pawn loans easily. The app is expected to help promote the Group’s pawn loan business at a lower promotional cost.

Prospects

With the pandemic situation continue to be more stable, the Hong Kong government has eased travel restrictions to “0+3” quarantine-free medical surveillance. However, the market still remains conservative and the management expect the economic activities in Hong Kong will be steady strides along the path to normalcy if and only if all travel restrictions are lifted entirely. The Board is of the view that the reopen of Hong Kong and Mainland China border and an eventual economic recovery in the Mainland China could become a new tailwind of local economy. At the same time, the rising interest rates enable the Group to improve its net interest margin and overall profitability. Before that, the Group will continue to remain prudent when granting loans and closely monitor the credit risk of its loan portfolio and wait for market recovery.

In view of the rising loan demand, the Group is actively exploring to expand its branch network to more convenient locations (such as MTR stations) and serve as premium service centres for both pawn loan and mortgage loan. The Group plans to integrate with fintech and is currently developing a mobile APP that enable customers to make online appointments, get a quote of collateral evaluation and apply for pawn loan, etc.

Mr. Edward Chan, Chairman and CEO of the Company, said, “Although economic activities are gradually resuming with the stabilization of the pandemic, the Group remains prudent in exploring and seizing new business opportunities while continuing to strike a balance between business growth and risk management. Looking forward, we hope to maximize return for shareholders and to further create value for them in the long run.”

Hashtag: #OiWahPawnshop

The issuer is solely responsible for the content of this announcement.

About Oi Wah Pawnshop Credit Holdings Limited

Oi Wah is a financing service provider in Hong Kong, mainly providing short-term secured financing, including pawn loans and mortgage loans. The Group established its first pawnshop in 1975 and currently owns 11 pawnshops in various locations in Hong Kong. Oi Wah diversified into mortgage loan business in 2009. The Group is the first local pawn shop which successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on 12 March 2013.